Pension funds transferred $14.5 billion in liabilities through deals announced in December.
Institutional investors and OCIOs are adopting cautious stances in portfolios for the final quarter of what has been a difficult year.
Philippe Desfosses, CEO of the Etablissement de Retraite Additionnelle de la Fonction Publique, is to leave the €30 billion pension fund.
David Layton was named co-CEO at Partners Group, replacing Christoph Rubeli, who will stay at the firm as a partner.
The European Commission has blocked the proposed merger between Deutsche Bourse and London Stock Exchange Group over concerns it would create “a de facto monopoly in the markets for clearing fixed income instruments.”